https://www.taxtmi.com/caselaws?id=118846 Modvat credit under Rule 57Q(1) extends to components, spares and accessories used with eligible capital goods, even if those items are not themselves listed as capital goods. The decisive test is their use as parts of qualifying capital goods, not their own tariff classification. A Board circular of 2-12-96 supported this reading by clarifying that parts, components and accessories used with covered capital goods remain creditable notwithstanding their separate classification. On that basis, UV bulbs and set spring sprue bush were treated as admissible for credit when used with eligible capital goods, and denial of credit solely because they were not independently specified was unjustified. en-us Wed, 28 Sep 2005 00:00:00 +0530 Fri, 06 Jul 2012 12:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118846 Modvat credit under Rule 57Q(1) extends to components, spares and accessories used with eligible capital goods, even if those items are not themselves listed as capital goods. The decisive test is their use as parts of qualifying capital goods, not their own tariff classification. A Board circular of 2-12-96 supported this reading by clarifying that parts, components and accessories used with covered capital goods remain creditable notwithstanding their separate classification. On that basis, UV bulbs and set spring sprue bush were treated as admissible for credit when used with eligible capital goods, and denial of credit solely because they were not independently specified was unjustified. Case-Laws Central Excise Wed, 28 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118846